Stamford, Connecticut, United States
GE Money, the global consumer lending unit of General Electric Company, has announced the appointment of Mike Cutter to president and CEO of GE Money -- Australia & New Zealand. Cutter succeeds Thomas C. Gentile, who was recently appointed as SVP Global Marketing for GE Money. Cutter will report directly to David R. Nissen, president and CEO of GE Money.
Cutter assumes his new role from GE Money's Australia and New Zealand business, where he has served as Managing Director of GE Money Direct since 2004. A 16-year GE veteran, Cutter has previously held a number of senior roles within GE Money, including VP Marketing for Australia and New Zealand; VP Global Risk Management; and most recently Managing Director of GE Money Direct, where he was responsible for the Company's network of 134 branches and its direct marketing efforts. With more than $26 billion in assets, GE Money is one of Australia's leading banking and financial services companies.
"Mike's knowledge of the Australia & New Zealand markets, and his broad experience in the global financial services industry, makes him uniquely qualified to lead our continued strong growth in this important region," said Mr. Nissen.
Cutter earned a degree in Physics and Electrical Engineering from Hertfordshire University in the UK.
With $163 billion in assets, GE Money (formerly GE Consumer Finance), a unit of General Electric Company (NYSE: GE), is a leading provider of credit services to consumers, retailers and auto dealers in approximately 50 countries around the world. GE Money, based in Stamford, Connecticut, offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans and credit insurance. More information can be found online at www.gemoney.com.
GE (NYSE:GE) is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.
CONTACT: GE Money Global Communications Bob Rendine 203-585-2084 robert.rendine@ge.com or GE Money Australia New Zealand Karen Donaldson +61 3 9921 6857 karen.donaldson@ge.com
CONTACT: GE Money Global Communications Bob Rendine 203-585-2084 robert.rendine@ge.com or GE Money Australia New Zealand Karen Donaldson +61 3 9921 6857 karen.donaldson@ge.com , ,
Source: Business Wire (Business Wire India)